Delhi recorded an all-time high temperature of 52.9 degrees Celsius (127.22 Fahrenheit) on Wednesday as extreme heat conditions gripped the north and western parts of India, causing students to faint in schools and drinking water taps to dry up. A heat wave alert has been in place for large parts of India since last week but on Wednesday the temperature in … Read more
New Delhi: India and Vietnam are gaining the most from the China plus one strategy, which is also expected to unlock new growth opportunities for Asian economies, according to Nomura. India’s exports will likely surge to $835 billion by 2030 from $431 billion in 2023 with its large domestic market helping attract firms looking for … Read more
Himanshu Mody, CFO, Suzlon Group, says Suzlon alone has a Make in India turbine, based on the principles of Atmanirbhar Bharat. The technology is their USP. It is the only turbine that is tailor-made or customised for India’s weather conditions, whereas most of the competition – whether from the west or the east – do … Read more
Emerging markets such as India and Indonesia, whose populations are growing at a solid pace, stand to benefit as demographics begin to play a bigger role in investment decisions, according to Fidelity International and BlackRock Investment Institute. The investors are focusing on the two nations in emerging Asia, thanks in part to an expected boom … Read more
Anger is growing in India after a teenager who allegedly killed two people while drunk driving was ordered to write an essay as punishment, with many demanding a harsher penalty and accusing the judiciary of leniency. The 17-year-old boy was allegedly speeding in a Porsche in the city of Pune on Sunday when the vehicle … Read more
As the number of rich people grows in India and the affluent are willing to loosen purse strings for luxury items, premium brands are flying off the shelves. A large number of foreign brands from FMCG to apparel to cars are making a beeline for India to tap an emerging luxury market. The latest is … Read more
French automaker Citroen on Friday said it has roped in former India cricket captain Mahendra Singh Dhoni as its brand ambassador in India. Dhoni will mark his debut innings with Citroen in a campaign that will soon go live, the company said in a statement. “We believe that our association with one of India’s finest … Read more
Alibaug, Maharashtra: Tata Motors-owned Jaguar Land Rover (JLR) plans to double its India sales over the next three years in line with its global strategy. It’s also getting set to assemble the marque’s flagship Range Rover model as well as the Range Rover Sport in India for the first time. They join other JLR cars … Read more
Mumbai: India’s benchmark indices soared to fresh all-time highs on Thursday as the Reserve Bank of India’s larger-than-expected dividend payment to the government prompted traders to cover some of their bearish bets. Receding uncertainty over the BJP’s performance in the general elections also bolstered sentiment, with the NSE Nifty ending a whisker away from 23,000. … Read more
India’s pre-owned cars sales market is expected to reach 1.09 crore units with value more than doubling to USD 73 billion by FY28, according to the latest Indian Blue Book (IBB) report. In FY23, the pre-owned cars sales in India stood at about 51 lakh units. The domestic used car industry was valued at USD … Read more
